For Filipinos who work here in Singapore, what comes next to securing a stable job is finding a comfortable place to stay. Most likely, one can "easily" rent a $250-400 room in an HDB.
HDB stands for Housing Development Board, the Singapore government agency tasked to provide affordable housing for Singaporeans. It is responsible for building low-cost high-density public housing flats, thus the term HDB flat or simply HDB.
Approximately 80-90% of the Singapore populace dwell in these flats. Most of the residential housing developments in Singapore are publicly built. Thus, public housing in Singapore is not considered a sign of poverty or a lower standard of living; as compared to public housing in other developed countries where land constraint is a non-issue and property pricing is significantly cheaper. Very few people in Singapore live below the poverty line.
For those who want to stay in Singapore longer, the following eligibility conditions have to be met for the purchase of a new HDB flat:
- The buyer must be a Singapore Citizen. His family nucleus must also comprise of at least another Singapore Permanent Resident or Singapore Citizen.
- To purchase a 2-room flat, the buyer's gross monthly household income must not exceed S$2,000. To purchase a 3-room flat, the buyer's gross monthly household income must not exceed S$3,000. To purchase a 4-room or bigger flat, the buyer's gross monthly household income must not exceed S$8,000. If the buyer is buying a flat with his extended family, then his gross monthly household income must not be more than $12,000.
For me, I'm still on employment pass and still renting a flat. It's quite near to my workplace though it's a bit expensive. I'm not moving out soon as I'm only halfway through my contract. I'll try to get a cheaper one next time.
7 comments:
Interesting insight into life in Singapore. Shared it at PinoyBee.com for other OFWs.
What do private condo rentals go for?
cool blog, keep it up!
Tirador
Hi there!
I'm scheduled to work there maybe this May. Do you have any suggestion where to stay near Chai Chee Technopark that is neat and affordable. I will apprecieate any response. You can also email me any info or website that may help me look for a place at lanskydgreat@yahoo.com.
Thank you so much!
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Shortly after independence, Singapore faced a serious problem of housing shortages. In response, the government passed the Housing and Development Act of 1960 which replaced the existing Singapore Improvement Trust with the Housing and Development Board. Led by Lim Kim San, its first priority during formation was to build as many low-cost housing units as possible, and the Five-Year Plan was introduced. The housing that was initially built was mostly meant for rental by the low income group. sportsbook, The Home Ownership Scheme was also introduced to help this group of people to buy instead of rent their flats. Later, the people were allowed to use their Central Provident Fund money for downpayment. These efforts were however not successful enough then in convincing the people living in the squatter settlements to move into these flats. It was only later, after the Bukit Ho Swee Fire, that HDB's efficiency and earnestness won the people over.54,430 housing units were built between 1960 and 1965 by the HDB. Due to land constraints, high-rise and high-density flats were chosen. http://www.enterbet.com
Dear Sir,
we would like to ask you permission to use the picture of the HDB flat above for a National Education competition. The picture will be part of a collage to show the Singapore Personality. Sorry for any inconvenience caused.
Thank you,
Nuraqeela Samat of Crescent Girls' School
aqeela.samat@gmail.com
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